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The Illinois multi-member LLC operating agreement is a legal document that is designated for entities, who have more than one managing-member/owner to use, so that they may establish the policies, procedures and many other important aspects of the business. The state of Illinois does not require that this document is completed, in order to conduct business within the state. If the…

The Illinois five (5) day notice to quit are documents, in accordance with State Statutes, submitted to the tenant by the landlord for either not paying rent on time or for committing an unlawful act on the premises. The non-payment notice gives the tenant a total of five (5) days to either pay all that…

The Illinois 10-Day Notice to Quit (Non-Compliance) is used when default is committed in any of the terms of the lease. If the landlord elects to terminate the tenancy due to the breach, the landlord must give the tenant no less than 10 days notice to move out and deliver up possession. The notice to quit…

The Illinois promissory note templates are designed for two parties consisting of a lender and a borrower. The transaction consists of a lender loaning money to a borrower and collecting the loaned amount back plus interest over time. The agreement helps ensure the deal is legal and both parties are clear on the terms and conditions…

The Illinois 5-Day Notice to Quit (Non-Payment of Rent) is a document used in the unfortunate event when a tenant fails to pay rent on time. If the landlord does not receive rent on the day rent is due, they may issue a 5-day notice to quit the following day stating that the tenant has…

The Illinois 5-Day Notice to Quit (Unlawful Activity) can be used when the landlord finds direct evidence of unlawful activity taken place on or around the tenant’s dwelling unit. Illegal activities such as the involvement of illegal drugs, firearms, murder, or sexual assault within or upon the premises will give the landlord the ability to issue a 5-day…

The Illinois unsecured promissory note is utilized by two parties consisting of a lender and a borrower and adds structure and legality to the agreement. This helps to ensure the borrower makes timely and consistent payments to the lender. It should be known that this note does not include security, so the lender has no immediate way…

The Illinois secured promissory note binds two parties to a contract requiring a borrower (of a monetary balance) to reimburse a lender the loaned amount of money plus interest over time. Areas of the document that will need to be agreed upon consist of payment types, interest rates, items to be used as security, and many other areas….

An Illinois living will, also known as a ‘declaration’, is a form that allows a Declarant (Principal) to direct, in writing, their personal decisions with regard to how they would like to have their medical care recognized when they are met with an end of life medical condition. This document will allow the declarant the…

The Illinois small estate affidavit provides a streamlined way for an heir-at-law of a decedent to gather and distribute the assets of the estate of a person who died, provided that no other petition to open an estate in probate court has been filed and that the assets of the person who died do not exceed…